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Request for City Council Committee Action From the Department of Public Works Date:June 20, 2006To:Honorable Sandra Colvin Roy, Chair Transportation & Public Works CommitteeSubject:Public Hearing:
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01
Gather all necessary documents such as deed, property information, and legal paperwork.
02
Determine the market value of the property and set a reasonable asking price.
03
Advertise the property through various channels like online listings, local newspapers, and city government websites.
04
Schedule open houses or property viewings for potential buyers.
05
Review offers received and negotiate the terms of the sale.
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Choose the most suitable buyer and draft a purchase agreement.
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Conduct a title search and ensure all liens or encumbrances on the property are cleared.
08
Hire a lawyer or real estate agent to guide you through the closing process.
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Attend the closing meeting and finalize the sale by signing all necessary documents.
10
Transfer the property deed and receive the agreed-upon payment.
11
Notify relevant departments or authorities about the change in ownership.

Who needs sale of city-owned property?

01
City governments or municipalities that own surplus properties.
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Private individuals or developers interested in purchasing city-owned properties for real estate development.
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Investors looking for potential commercial or residential properties.
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Non-profit organizations seeking properties for community development projects.
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Sale of city-owned property refers to the process of selling real estate or land that is owned by a city government.
Any individual or entity that sells city-owned property is required to file the necessary paperwork.
To fill out the sale of city-owned property, one must provide detailed information about the property being sold, the sale price, and any other relevant details.
The purpose of selling city-owned property can vary, but it is often done to generate revenue for the city or to encourage development in a particular area.
Information that must be reported on the sale of city-owned property includes the property address, sale price, buyer information, and any relevant documentation.
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